A dedicated internal team, which holds the responsibility of monitoring the implementation of our ESG strategy and associated actions.
BlackFin became a signatory to United Nations’ Principles for Responsible Investment (UN-PRI) in 2015. We annually engage in PRI reporting to provide stakeholders with visibility on our responsible investment practices and sustainability progress.
In 2021, we joined the Initiative Climat International (iCI), a PRI-endorsed global community of investors who seek to better understand and manage the risks associated with climate change. The iCI is a global sharing platform which brings together and mobilizes private equity firms wishing to make a concrete contribution to the fight against climate change.
BlackFin is a member of Invest Europe, the association representing Europe’s private equity, venture capital, and infrastructure sectors, as well as their investors. Invest Europe plays an import role in building awareness of the industry and helps create healthy and sustainable companies across the continent.
BlackFin is a member of France Invest’s network, which encourages the implementation of sustainability within the private equity industry.
In 2022, we joined Level 20, an association that aims to promote gender diversity in the private equity industry. Among other objectives, members commit to reach the 20% target of women in at all levels of seniority.
In 2022 we joined Out Investors, a network dedicated to making the direct investment industry more welcoming for the LGBT+ community.
BlackFin Capital Partners adopts a responsible investor approach by including Environmental, Social and Governance (ESG) criteria throughout its investment processes and portfolio monitoring activities.
Detailed information on the integration of sustainability risks pursuant to Article 3 of Regulation (EU) 2019/2088 is described in our ESG policy, available on this website.
BlackFin does not consider the principal adverse impacts on sustainability factors in the specific manner prescribed by Article 4 of the SFDR. This is due to the nature of the financial services sector it invests in, where certain prescribed metrics are not always material to portfolio companies.
Instead, BlackFin applies its own policies, procedures, and metrics, which are tailored to the sector’s specific characteristics and material ESG considerations.
BlackFin’s remuneration policy aims to create a reasonable and appropriate compensation environment and to ensure that employees are not encouraged to take risks considered excessive and/or inappropriate, including risks related to sustainable development (sustainability risk).
BlackFin integrates Environmental, Social and Governance characteristics into the investment process of its Article 8 financial products. All our most recent funds, raised after the implementation of the SFDR, promote ESG characteristics in line with their respective investment strategies. ESG data is collected regularly and assessed using sector-relevant indicators, covering social, environmental, and governance topics.
Further information, including methodologies and sustainability indicators used, can be found in the relevant SFDR pre-contractual and periodic disclosures, as well as in our ESG Policy.